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Search Results 0 to 10 of about 11 (some duplicates have been removed)
, but a very traumatic and serious. they avoid the fiscal cliff. we are talking about over $607 billion worth of money taken out of the economy next year. lou: i just want to put up the next cartoon that we have. it matters not whih one you select. but this is one of my favorites. the debt commission saying it is very difficult. is very complicated and then cut spending. i don't think you could have cut better on to the essence of the issue. the absurdity creating obstacles to that relution in washington d.c. >> but the problem here is that frankly there is a fine and out of capital that can be used up their divided either in the private sector which creates businesses and jobs and federal revenue or given to the government which is just a bureaucracy ad creates nothing but burearatic management if you look at the lt gop congress andthe expenditures, about two and half trillion dollars and now the president's proposals are about 4 trillion in spending with deficits and increased. it is the economy. lou: it truly is. and i want to also if we may put up the cartoon. we do this very elegantly he
. unwilling and unable erhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually has the effect of shifting some of the responsibility to the president read what you think are the odds? >> i think he will be held responsible for the economy in 2013 and 2014. you cannot blame george w. bush anymore. they control the senate. it is their economy for sure. so i think that you're going to see a real problem in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said last year that i felt strongly at the beginning of the campaign. the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the m
, utterly dismissed because of the fiscal cliff. if you will, the boehner back flip on plan b. >> yes. end? lou: what do you think will happen from here? >> we tied to this cliff now. that is all anybody talks about. they are playing it to the 11th hour and 59th minute. the smart guys that i know tell me that it will probably not get done, but then it will be done in the first first second week maximum in jauary. the stock market showed you, just give you a little bit of a taste today about how the stock market feels about it not getting done. lou: as i listen to the president today, and we are told that he will be taking off for hawaii. i mean, his take off was -- i'm sorry? there is the plane. and that, of course, picture being worth 10,000 words. i was about to say, we will wave to the president, which is another obvious given to the fact that air force one is waiting to win its way westward to hawaii. this is not a president to is overwhelmed by his failure to lead on this issue. it doesn't like it is now his issue, does this? i mean, it is over. now harry reid, mr. electric, and mr. o
Search Results 0 to 10 of about 11 (some duplicates have been removed)